Balteneko SIA is an enterprise based in Latvia. Its main office is in Adazi. The enterprise operates in the Steam and Air-Conditioning Supply industry. The enterprise was incorporated on July 11, 1997. 12 (2023) employees currently work for Balteneko SIA. In 2025, the company reported a net sales revenue drop of 18.25%. Its’ total assets recorded a negative growth of 11.33%. Balteneko SIA’s net profit margin increased by 10.95% in 2025.

Headquarters
Gaujas iela 25A
Adazi; Adazu municipality; Postal Code: 2164

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Basic Information

Total Employees:

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Registered Capital:

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Financial Auditors:

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Incorporation Date:

July 11, 1997

Key Executives

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Chairman of the Supervisory Board

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Member of Management Board

Ownership Details

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80%

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20%

Subsidiaries

Wesemann-Siltums SIA

100%

Company Performance

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Key Financial Highlights

Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.

Net sales revenue

-18.25%▼

Total Operating Revenue

-16.91%▼

Operating Profit

87.47%▲

Net Profit/Loss for the Period

70.59%▲

Total Assets

-11.33%▼

Total Equity

-37.98%▼

Operating Profit Margin

10.46%▲

Net Profit Margin

10.95%▲

Return on Equity (ROE)

67.89%▲

Quick Ratio

0.01%▲

Balteneko SIA (Latvia)